Question: ( IRR calculation ) Determine the internal rate of return on the following project: An initial outlay of $ 9 , 5 0 0 resulting

(IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $9,500 resulting in a cash inflow of $2,258 at the end of each year for the next 8 years.
The internal rate of retum of the project is 16.44%.(Round to the nearest whole percent.)
 (IRR calculation) Determine the internal rate of return on the following

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